In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Motley is a city in Cass and Morrison counties in the U.S. state of Minnesota. The population was 585 at the 2000 census. The main part of Motley is located Morrison County; only a minor part of the city extends into Cass County. The Cass County portion of Motley is part of the Brainerd Micropolitan Statistical Area.